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The original source of the dataset is attributed to: Harrison, D., Rubinfeld, D.L., “Hedonic Prices and the Demand for Clean Air”, Journal of Environmental Economics & Management (5), 1978, pp. 81–102. The multivariate dataset is concerned with housing values in the suburbs of Boston. The dataset consists of 506 records with 13 continuous variables and 1 binary variable. The dependent variable is MEDV. There is no missing data. A description of each variable is provided below: 1. CRIM – per capita crime rate by town 2. ZN – proportion of residential land zoned for lots over 25,000 sq.ft. 3. INDUS – proportion of non–retail business acres per town 4. CHAS – Charles River dummy variable (1 if tract bounds river; 0 otherwise) 5. NOX – nitric oxides concentration (parts per 10 million) 6. RM – average number of rooms per dwelling 7. AGE – proportion of owner–occupied units built prior to 1940 8. DIS – weighted distances to five Boston employment centres 9. RAD – index of accessibility to radial highways 10. TAX – full-value property-tax rate per $10,000 11. PTRATIO – pupil-teacher ratio by town 12. B – 1000(Bk - 0.63)^2 where Bk is the proportion of blacks by town 13. LSTAT – % lower status of the population 14. MEDV – Median value of owner-occupied homes in $1000's

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